A Nov. 10 Coinglass snapshot showed Bitcoin (BTC) had the largest increase in dollar-margined long-position share among five major crypto assets, while account shares fell for Dogecoin (DOGE) and XRP (XRP).
Bitcoin’s dollar-margined long-position share was 70.03% in the Nov. 10 snapshot, up 3.38 percentage points. XRP registered a 2.63-point gain to 70.22%, and Dogecoin’s measure climbed 2.22 points to 76.23%. These figures track dollar-margined futures contracts.
The account readings gave a different picture for two of those assets. In the Nov. 10 snapshot, Dogecoin’s dollar-margined long-account share was 77.48%, down 0.56 point, while XRP’s was 77.22%, down 0.54 point. By contrast, Bitcoin’s account share rose 1.10 points to 77.02%.
A position share measures the long side’s portion of top traders’ futures position size. An account share counts the proportion of top-trader accounts positioned long. Because the measures use different bases, they can move in opposite directions.
Ether (ETH)’s dollar-margined long-position share edged up 0.01 point to 65.99%, while Solana (SOL)’s fell 0.67 point to 69.34%. Ether’s long-account share gained 0.88 point to 81.40%, and Solana’s rose 0.85 point to 81.42%.
Coin-margined futures showed higher long-position shares than dollar-margined futures for all five assets, though daily changes varied. Solana’s coin-margined position share was the group’s highest at 86.27%, even after slipping 1.26 points. Ether gained 1.45 points to 78.97%; Bitcoin, XRP and Dogecoin fell 0.53, 0.50 and 0.35 points, ending at 73.15%, 83.42% and 78.94%, respectively.
Coin-margined account shares also exceeded dollar-margined readings across the five assets. Dogecoin had the highest coin-margined account share, at 92.50%. Ether’s rose 0.69 point to 83.57%, while XRP’s fell 0.62 point to 88.08%; Bitcoin, Solana and Dogecoin each changed by less than 0.10 point.
The snapshot follows an Oct. 27 EconoTimes report on the same five-asset futures measures, when all five dollar-margined position shares had risen. The Nov. 10 figures cover futures positioning and do not include traders’ exposure outside those contracts.
